[Kiwi]

I wouldn't argue with the result either.

My suggestion related more to board based trading where the care is not there. I don't necessarily see the above system as rubbish either ... as long as it is robust with solid expectancy. The main thing is to start with something that has a good number of losses and stop grail chasing.

I watch umblue and the people who follow him and I see this chase for better understanding, better edges, and the mysterious "they" and it makes my blood boil a little - hence I think I was wondering out loud about how to find a more robust way of putting people on a workable path.

Don't wait until your kids are teenagers though - they might just chase grails to irritate you

[jonbig04]

Originally Posted by thalestrader »

Now wasn't this a fun little run?

Great chart by Forrest. I love that BO setup, but they don't happen very often. I would call it a double top failure BO, but what's in a name anyway. In my experience those setups can be so explosive, they sometimes merit entering at market.

[Gabe2004]

Not a good day today.
Must have had a relaps .

Gabe

[Gabe2004]

Lost some more ground
Did not trust my signal and went against it then reversed only to be stopped out and eventually got on the right wave in the original direction.

Gabe

[Dinerotrader]

Originally Posted by Gabe2004 »

Lost some more ground
Did not trust my signal and went against it then reversed only to be stopped out and eventually got on the right wave in the original direction.

Gabe

Gabe,
Why is the background on your charts so busy looking instead of being just one solid color? It's like there are tiny grid lines everywhere.

[Gabe2004]

Originally Posted by Dinerotrader »

Gabe,
Why is the background on your charts so busy looking instead of being just one solid color? It's like there are tiny grid lines everywhere.

Done
From now on the grid is gone (it is also a rhyme)

Thanks for pointing that out.

Gabe

[forrestang]

Deleted.................. ......

[forrestang]

Let's try this again.

Here is a Daily look at the E/U. Along with the corresponding 15min(which I can't get tight enough to show).

On the Daily, there seems to be good room to move up above with quick targets on the Daily, but pretty sizeable when looking at a smaller bar interval.

The Stop is really tight considering the Tgts, might take more than one attempt at hitting the B.O.?

Any opinions on the possible Breakout?

----Edit----
1st target better at 1.5070

--Edit-----
Bleh, don't think I would take this trade due to the weirdness, but if I were trading off the dailies this might be a decent one.